What’s the answer to these math problems?
1 answer:
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Answer:
It will take 88.2 months to accumulate the amount
Step-by-step explanation:
Given;
Future value of money, FV = $25,000
investment per compound period, P = $200
interest rate, i = 0.75% x 12 = 9%
The number of monthly installments required to amount to FV is given by;
Therefore, it will take 88.2 months to accumulate the amount.
<u>Answer:</u>
The line equation that passes through the given points is 7x – y = 13
<u>Explanation:</u>
Given:
Two points are A(2, 1) and B(3, 8).
To find:
The line equation that passes through the given two points.
Solution:
We know that, general equation of a line passing through two points (x1, y1), (x2, y2) in point slope form is given by
..........(1)
here, in our problem x1 = 3, y1 = 8, x2 = 2 and y2 = 1.
Now substitute the values in (1)
y – 8 = 7(x – 3)
y – 8 = 7x – 21
7x – y = 21 – 8
7x – y = 13
Hence, the line equation that passes through the given points is 7x – y = 13